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BUSI 405 Midterm 1 Questions with Accurate Answers
  • BUSI 405 Midterm 1 Questions with Accurate Answers

  • Exam (elaborations) • 13 pages • 2025
  • esscalation of commitment/sunk cost bias - ANSWERSresources committed to initial course of action, but doesn't produce desired return. Violates rationality. Ex) $20 auction OB - ANSWERSscience of behavior in work organizations; applied social science organization - ANSWERSconsciously coordinated social organization, 2+ people, functions continuously to achieve a goal. 1) Purpose 2) People 3) Deliberate Structure social loafing - ANSWERSpeople work harder on their own than on a team ...
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Busi 405 Midterm 1 Questions with Correct Answers
  • Busi 405 Midterm 1 Questions with Correct Answers

  • Exam (elaborations) • 5 pages • 2025
  • Organizational Behavior (OB) - ANSWERSThe study of what people think, feel, and do in and around organizations Organizations - ANSWERSGroups of people who work interdependently toward some purpose Systematic Research Anchor - ANSWERSStudy organizations using systematic research methods Multidisciplinary Anchor - ANSWERSImport knowledge from other disciplines, not just create its own knowledge Contingency Anchor - ANSWERSRecognize that the effectiveness of an action may depend on the ...
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